SelectQuote, Inc. (NYSE:SLQT) Shares Sold by Prudential Financial Inc.

Prudential Financial Inc. trimmed its stake in shares of SelectQuote, Inc. (NYSE:SLQT - Free Report) by 18.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 876,685 shares of the company's stock after selling 204,500 shares during the quarter. Prudential Financial Inc. owned approximately 0.51% of SelectQuote worth $3,261,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. acquired a new position in SelectQuote in the fourth quarter worth $47,000. Cibc World Markets Corp acquired a new position in shares of SelectQuote in the 4th quarter valued at about $47,000. Raymond James Financial Inc. acquired a new position in shares of SelectQuote in the 4th quarter valued at about $97,000. Intech Investment Management LLC acquired a new stake in SelectQuote during the third quarter worth about $123,000. Finally, Virtu Financial LLC bought a new position in SelectQuote in the third quarter worth about $150,000. 34.59% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at SelectQuote

In other news, insider Sarah Taylor Anderson sold 50,000 shares of SelectQuote stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $5.44, for a total transaction of $272,000.00. Following the transaction, the insider now directly owns 1,166 shares in the company, valued at approximately $6,343.04. This trade represents a 97.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 11.40% of the company's stock.

Analyst Ratings Changes

Separately, Noble Financial raised SelectQuote to a "strong-buy" rating in a report on Wednesday, February 12th.

SelectQuote Stock Performance

SLQT stock traded down $0.05 on Monday, reaching $3.15. The company's stock had a trading volume of 1,492,035 shares, compared to its average volume of 1,303,685. The company has a debt-to-equity ratio of 2.10, a current ratio of 6.36 and a quick ratio of 6.36. SelectQuote, Inc. has a 52 week low of $1.48 and a 52 week high of $6.86. The firm has a fifty day moving average of $4.21 and a two-hundred day moving average of $3.33. The company has a market capitalization of $541.91 million, a P/E ratio of -34.98 and a beta of 1.25.

SelectQuote (NYSE:SLQT - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.21. SelectQuote had a negative net margin of 0.95% and a negative return on equity of 4.38%. As a group, analysts predict that SelectQuote, Inc. will post -0.07 EPS for the current fiscal year.

About SelectQuote

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.